The advent of the digital age has resulted in increased expenditure owing to factors such as the ease at which transactions are processed and the fast-paced want-it-now lifestyles we lead. So much so that we’re saving 10% less than our parents did just 50 years ago.
Level Money is a new iPhone app that wants you to reevaluate the current models of investment and budgeting. By syncing your bank account with the app it will examine your income and expense by utilizing three points of review: your income, what you need to keep aside, and what you have to spend afterwards.
The interface features a circular “money meter” that visually drains as your expenditure increases, keeping track of the money you’re spending in real-time, and thus assuredly not keeping your finances “out of sight, out of mind”.